member Login

Minnesota Credit Union Network

  • Advocacy
    • Advocacy Programs >
      • GAC
      • Impact 23
      • Hike the Hill
    • Grassroots Action Center >
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy >
      • Advocacy Fund
    • Regulatory Affairs
    • Political Publications
  • Professional Development
    • Calendar >
      • Event Policies
    • GAC
    • Accelerate 23: Annual Conference
    • Peer-to-Peer
    • Webinars
    • MnCUN Mobile App
    • Chapters
    • Committees >
      • Committee Applications
    • Trailblazers
    • Tristate Mentorship Match
    • The CREW
    • Women's Leadership Network
  • Member Resources
    • Online Member Tools
    • MN CU Employee Benefits Plan >
      • Benefits Plan | Requesting a Quote
      • Guardian Life
    • Compliance >
      • Compliance and Audit Services
      • Submit a Compliance Question
      • PolicyAid
      • Elder Financial Abuse Prevention
    • CU FORWARD
    • DEI >
      • CDFI Resources
    • News
    • Publications
    • The Pulse
    • Awareness Campaign
    • Awards >
      • Professional and Director of the Year >
        • Professional of the Year Form
        • Director of the Year Form
      • Marketing Awards
      • National Awards
  • About
    • About MnCUN >
      • Contact Us
      • Our Team
      • Board of Directors
    • About Credit Unions >
      • Impact Report
    • Partner with Us
    • CU Green
    • Health Savings Account Finder
  • Jobs
  • Solutions
    • Partner with Us
    • TruLync
  • Foundation
    • Capital Drive Village Financial
    • Contribute
    • Apply for a Grant >
      • DEI Grant Application
      • CUDE Grant Application
      • Financial & Audit Professional Grant Application
      • GAC Scholarship Application
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder >
      • CU Builder - Previous
    • Foundation Programs >
      • Enhanced FiCEP Program
    • CU4Kids
    • Scholarship Council
  • Advocacy
    • Advocacy Programs >
      • GAC
      • Impact 23
      • Hike the Hill
    • Grassroots Action Center >
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy >
      • Advocacy Fund
    • Regulatory Affairs
    • Political Publications
  • Professional Development
    • Calendar >
      • Event Policies
    • GAC
    • Accelerate 23: Annual Conference
    • Peer-to-Peer
    • Webinars
    • MnCUN Mobile App
    • Chapters
    • Committees >
      • Committee Applications
    • Trailblazers
    • Tristate Mentorship Match
    • The CREW
    • Women's Leadership Network
  • Member Resources
    • Online Member Tools
    • MN CU Employee Benefits Plan >
      • Benefits Plan | Requesting a Quote
      • Guardian Life
    • Compliance >
      • Compliance and Audit Services
      • Submit a Compliance Question
      • PolicyAid
      • Elder Financial Abuse Prevention
    • CU FORWARD
    • DEI >
      • CDFI Resources
    • News
    • Publications
    • The Pulse
    • Awareness Campaign
    • Awards >
      • Professional and Director of the Year >
        • Professional of the Year Form
        • Director of the Year Form
      • Marketing Awards
      • National Awards
  • About
    • About MnCUN >
      • Contact Us
      • Our Team
      • Board of Directors
    • About Credit Unions >
      • Impact Report
    • Partner with Us
    • CU Green
    • Health Savings Account Finder
  • Jobs
  • Solutions
    • Partner with Us
    • TruLync
  • Foundation
    • Capital Drive Village Financial
    • Contribute
    • Apply for a Grant >
      • DEI Grant Application
      • CUDE Grant Application
      • Financial & Audit Professional Grant Application
      • GAC Scholarship Application
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder >
      • CU Builder - Previous
    • Foundation Programs >
      • Enhanced FiCEP Program
    • CU4Kids
    • Scholarship Council

The Pulse

MnCUN’s LEAD 21 Conference: Breakout Speakers Address Key Issues for Credit Unions

7/27/2021

 
Join us September 10-12 at Maddens on Gull Lake, Brainerd for LEAD 21 - the Minnesota Credit Union Network’s rebranded Fall Leadership Conference. This in-person event will feature industry experts providing insight and relevant information on top credit union issues. We are pleased to highlight our Friday afternoon breakout session speakers: 
​

Director Track: Understanding Your Credit Union’s Economic Engine Most of us believe we know the most important key financial measurements on which to focus because we have been conditioned to think this way. Unfortunately, most of us are paying attention to the wrong metrics and ignoring more important ones. In this session, Jim Kasch, Founder, Canidae Consulting, will expose the credit union’s economic engine and will focus on multiple measurements – some of which are not reported routinely to the Board or regulator – that best indicate future success. This entertaining and thoughtful session may challenge the way you think about your credit union’s performance, and may help you redefine what a successful credit union looks like.

Executive Track: Part of the Solution: how credit unions can help further economic development in Minnesota, Dr. Bruce Corrie, PHD, Associate Vice President for Government & Community Relations and Professor of Economics at Concordia St. Paul has over two decades of experience working with the financial industry - from the SBA to the Federal Reserve Bank of Minneapolis. In this session, Dr. Corrie  will share insights on the current state of racial disparities in Minnesota and how credit unions can play a role in the economic development solutions – including lending to minority businesses and strategies to build wealth in the ALANA (African Latino Asian and Native American) communities. 

With educational sessions and recreation opportunities, this event provides an opportunity to come together with your credit union colleagues for a weekend of learning, networking, and fun. The room block deadline is August 10; and conference registration ends August 20. More information, schedules, lodging information and registration links are available online at mncun.org/lead-21-conference. 

Special Funds Report: 2020 Advocacy and Awareness Efforts

7/27/2021

 
The Minnesota Credit Union Network works to ensure the success, growth and vitality of our member credit unions. To help achieve this goal, MnCUN has established restricted funds to strengthen our efforts on behalf of Minnesota’s credit unions – the Advocacy Fund and the Awareness Fund.

The Credit Union Advocacy Fund provides resources to strongly position credit unions on the legislative and political fronts. The Advocacy Fund is proactive in nature, helping to create a strong credit union environment and augment MnCUN’s advocacy efforts. Expenditures from the Advocacy Fund are used to enhance MnCUN’s dues supported advocacy activities and increase credit unions’ impact through:

  • Minnesota support for the Credit Union House in Washington D.C.  Credit Union House is owned by state leagues and AACUL to provide an event center and meeting space on Capitol Hill. 
  • The National Advocacy Fund, which is coordinated by CUNA, and finances grassroots advocacy, electoral polling, research, and partisan communications. National Advocacy Fund dollars have been deployed in Minnesota for election engagement,  polling and radio ads.
  • Sponsorship of the Wrong About Everything podcast. Wrong About Everything is a fun, irreverent and bipartisan look at Minnesota and national politics. Two Liberals and Two Conservatives debate the issues of the day with humor and vigor. The podcast is listened to by legislators and public opinion leaders in Minnesota. 
  • Grassroots materials and collateral to demonstrate the CU Difference to lawmakers, including the new Working for Minnesota website and the GREAT program.
  • NASCUS Membership to enhance efforts to strengthen the state charter.
  • Participation in the National Conference of State Legislatures Legislative Summit.
 
The Credit Union Awareness Fund is focused on increasing consumer awareness of credit unions, including but not limited to, commissioning research, working to expand media coverage, and coordinating other visibility opportunities. Expenditures from this fund promote the benefits and value of credit unions, helping to spread the word that credit unions are the best financial choice for consumers.

The biennial consumer research study that was planned for January 2021 was conducted in August of 2020 to gauge consumer attitudes about credit unions while in the midst of the pandemic. Results showed familiarity with credit unions has increased 11 points from 2013 to 2020.

Minnesota’s 2020 Awareness Initiative made strides in boosting consumer awareness of credit unions. 122,000,000 impressions were delivered in through OTT Streaming Ads, Social Media, Banner and Video Pre-roll, and statewide radio and transit ads. The year-end Google Poll conducted in December noted 34% of respondents in our target demographic recalled seeing our ads, and 50% indicated they are likely or very likely to join a credit union.

In the first half of 2021, fresh creative was launched on Digital + Streaming ads and out of home efforts are being planned for the second half of the year. In addition, number of enhancements and new features to the national Your Money Further website were introduced.

Along with the consumer awareness initiative, the Awareness Fund supports additional Public Affairs activities on behalf of Minnesota’s Credit Unions:

  • Managed the Credit Union News Channel to share credit union news more efficiently. 73 stories have been published January – June 2021 and MnCUN influenced 37 earned media mentions.
  • Partnered with Fluence Media to sponsor editions of “Morning Take,” “Business Take,” “Ag Take,” and “Law Take,” daily online news previews, which reach 10,000 influencers in Minnesota.    

As restricted funds, expenditures from the Advocacy and Awareness fund are governed by their respective committees of credit unions, with input from MnCUN staff and consultants. Solicitation for these funds occurs each year in conjunction with the issuance of the Network’s annual membership dues invoice, as well as on an as-needed basis.

The Minnesota Credit Union Network would like to thank credit unions for their support of the Awareness and Advocacy Funds. Full report details and financial statements have been mailed to member credit unions.

Enhanced Member Portal on MnCUN.org

7/27/2021

 
​As part of our efforts to improve the user experience on mncun.org, we are pleased to introduce a new feature that will make it easier to utilize the self-service options of the member portal. On Friday, July 30, the interface you see when you log into mncun.org will change. No action is necessary but you are encouraged to take advantage of the upgraded ability to manage your preferences and access members only benefits: 
  •  Update your contact information
  •  Pay invoices for any related profiles
  •  Access members only content
  •  Upload media (company logo, staff pictures)
  •  Change your password
Picture

Help Share the CU Difference this Friday, July 30!

7/27/2021

 
Picture
The goal is simple–to raise awareness about credit unions and share stories about the amazing things they do! We’re taking this positive message to all social platforms this Friday, July 30. 

​
Join credit unions, leagues, and partners across the country to inspire credit union teams and members to share what’s best about their CU experience using the common hashtag: #ilovemycreditunion. We look forward to creating a create a digital ‘wave’ of authentic, high-energy conversation on social media about the amazing things our credit unions do every day for their members and communities!
The idea may be big, but making it happen is simple for you! Visit the resource hub to access everything you’ll need to plan for and engage members in this exciting, nationwide collaboration. You’re welcome to personalize these materials with your own branding, design your own content, and add those unique touches that will speak to your membership. 

The Illinois Credit Union League (ICUL) is spearheading this effort and you can read more about the effort: A positive message worth going viral! - CUInsight

Regulatory & Compliance Updates: July 28, 2021

7/27/2021

 
NCUA’s NOL Policy Should Look Beyond the Numbers: In May, the National Credit Union Administration (NCUA) issued a request for comment on the policy for setting the National Credit Union Share Insurance Fund’s normal operating level (NOL). 

NCUA Issues Proposed Rule on RBC and Request for Information on Digital Assets: At its meeting last week, the National Credit Union Administration (NCUA) Board issued a proposed rule and a request for comment. 
FULL ARTICLES: MEMBERS ONLY

Deadline for Fall CUDE Scholarship Approaching

7/27/2021

 
The MnCU Foundation is proud to offer a CUDE Scholarship this year. This scholarship was created to provide financial assistance to credit union staff and/or volunteers who are members of the Minnesota Credit Union Network (MnCUN) and wish to attend the National Credit Union Foundation’s Credit Union Development Educator Training. Preference will be given to applicants that have shown engagement with the credit union movement. 

​Application Deadline: July 30, 2021 
Scholarship recipient will be notified by August 6, 2021
Fall Virtual DE Training Dates: October 18-November 12, 2021 (The MnCUF CUDE scholarship winner will have a spot reserved.)

A program of the National Credit Union Foundation, the CUDE program brings renewed relevance to the philosophy of "People Helping People." This unique and transformative training provides critical lessons in cooperative principles, credit union philosophy, and development issues, while incorporating challenges credit unions face today.
​
To apply, visit mncun.org/cudeapp. ​

Minnesota Credit Union Foundation Annual Meeting Held

7/27/2021

 
The Minnesota Credit Union Foundation) held its Annual Meeting on July 22, 2021. 

​Board Chair Kathy Harrington, of Heartland Credit Union, reported on the efforts of the Foundation in 2020. In spite of the challenges of the pandemic, the Foundation is pleased to report a successful year.

Focused on financial education and professional development initiatives, the Foundation provides the resources for credit unions and communities to prosper and thrive through financial education for members and communities, professional development for credit union employees, and disaster relief for the wider credit union community.
Picture
Photo: Outgoing MnCUF Chair Kathy Harrington and Foundation Board Member Tom Smith
Picture
Photo: Outgoing MnCUF Chair Kathy Harrington and Foundation Board Vice Chair Dana Garrett
The following highlights the Foundation’s efforts in 2020:
  • Responded to COVID-19 by launching a $65,000 grant pool to assist credit unions under $100 million in assets with Pandemic Relief grants. 
  • Hosted third year of CUNA Enhanced Financial Counseling Certification Program (FiCEP) in Minnesota in partnership with Mark Lynch and CU Difference.
  • Honored four Credit Union Builders.
  • Awarded over $21,000 in professional development and financial education grants.
  • Held a strategic planning session which helped reinforce the Foundation’s mission and align the work of the Foundation with MnCUN’s 50x30 goal.
​While the Credit Unions for Kids and Foundation Scholarship Council’s events were affected by the pandemic, both Foundation Committees were able to fulfill their missions – to provide funding to Gillette Children’s Hospital and hold the annual scholarship program on behalf of Minnesota’s Credit Unions.  

The Board Election was held. Doug Ralston of Centricity Credit Union and Glen Durbahn of Hiway Credit Union were both re-elected for 3-year terms. Kim Westphal of HomeTown Credit Union was also elected to her first 3-year term to fill Kathy Harrington’s seat.  

Kathy Harrington, after serving nine years, has termed off the Foundation Board. She was recognized at the meeting for both her dedicated service and her time as Chair. 

As a 501(c)(3) tax-exempt charitable organization, the Foundation is dependent on the support of Minnesota credit unions, employees, partners, and community organizations. Visit mncun.org/foundation for a copy of the 2020 Annual Report. 

Free Financial Inclusion Essentials Webinar Now Available

7/20/2021

 
Financial Inclusion Essentials slide deck
​As a benefit of your membership, a new webinar titled “Financial Inclusion Essentials” is now available at no charge for MnCUN member credit unions. The webinar covers the regulatory landscape of the account opening process including some of the regulatory obstacles a credit union can encounter when expanding access to the underbanked and underserved. It also provides possible solutions for overcoming these obstacles.

​The webinar and slide deck are available on the MnCUN Compliance Training webpage (login required).

Child Tax Credits Subject to Creditors

7/20/2021

 
​On July 15, the IRS began sending out the advanced child tax credit payments. The payments are being delivered by direct deposit, check and debit card.
FULL ARTICLES: MEMBERS ONLY
<<Previous

    The Pulse

    The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information. 

    ​The publication is delivered to credit unions weekly and offers timely and relevant credit union news, compliance updates and political information.

    You can subscribe to the Pulse by updating your subscriptions in the Member Portal

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020

    Categories

    All
    Awareness
    Chapters
    COVID 19
    COVID-19
    Credit Unions In The News
    DEI
    Foundation
    Governmental Affairs
    Network News
    Products & Solutions
    Professional Development
    Regulatory & Compliance

    RSS Feed

Partner with Us
Contact Us
Request login credentials
About MnCUN
​
About Credit Unions
​CUNA
Picture
Copyright Minnesota Credit Union Network.  All Rights Reserved.
555 Wabasha Street North, Suite 200 |  Saint Paul, MN 55102
Phone: (651) 288-5170 | info@mncun.org | sitemap
If you are using a screen reader and are having problems using this website, please call (800) 477-1034 or email info@mncun.org for assistance.


Picture